real simply buy low sell high. You bring an item (watch) to the pawnshop, they loan you money on it, let say $50.00 you have 2-4 weeks to pay back $60.00 if you don't then they can sell it. The pawn shop sells it for $100.00 so they make $50.00 for free.
2007-03-27 20:52:42
·
answer #1
·
answered by Anonymous
·
0⤊
0⤋
The lower the costs of the merchandise they buy,the more profits they make.By selling those goods to you for double the cost,give or take a few bucks.
2007-03-28 03:58:14
·
answer #2
·
answered by Anonymous
·
0⤊
0⤋
For giving you 20 dollars for something and then selling for 3,000 or at least for more money,
Arggg
Justin
2007-03-28 03:56:50
·
answer #3
·
answered by Anonymous
·
0⤊
0⤋
You bring them your valuables, they give you much less than the item(s) are worth and if you don't repay an inflated charge, they sell your stuff.
2007-03-28 03:52:35
·
answer #4
·
answered by Anonymous
·
0⤊
0⤋
Buy buying your stuff for next to nothing and selling it for what it's worth.
2007-03-28 03:51:16
·
answer #5
·
answered by Fireman T 6
·
0⤊
0⤋
Buy low, sell high.
2007-03-28 03:51:37
·
answer #6
·
answered by Rocco 3
·
0⤊
0⤋
they charge interest on loans
2007-03-28 03:51:03
·
answer #7
·
answered by happy happy 6
·
0⤊
0⤋